A customer puts high-denomination cash notes into a poker machine at a casino. Without placing any bets, the customer collected winnings in the form of a check from the casino.
Which money laundering threats could result from the customer's activities?
When deficiencies are identified in the Financial Action Task Force (FATF) mutual evaluation report, the assessed country needs to:
Which should be provided to the board of directors or designated specialized committee when preparing suspicious activity reports (SARs)?
Which of the followingactivities are considered money laundering red flagswhen reviewingbusiness operationsof amoney services business (MSB)? (Select Two.)
Anemployee in a corporation’s finance departmenthears news of aninternal investigation into potential fraud within the company, quits their job, and disappears.
If they had been observed before their resignation, which characteristics of the employee would have been consideredred flags? (Select Two.)
To ensure the independence of an audit for an AML program those involved in the audit would best be described as being:
Arecruitment manager in the human resources departmentof a bank hasshortlisted a candidate for the position of relationship manager in its private banking division.
Thebank’s compliance policyrequiresproper background checksto protect againstfraud and money laundering risks.
Whichresourceswould bemost usefulfor identifying potential negative information regarding the shortlisted candidate? (Select Three.)